Question: The increase or decrease in the price of a stock between the beginning and the end of a trading day is assumed to be an

The increase or decrease in the price of a stock between the beginning and the end of a trading day is assumed to be an equally likely random event. What is the probability that a stock will show a decrease in its closing price on seven consecutive days?

The probability that a stock will show a decrease in its closing price on seven consecutive days is________.

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